32, RECTORY LANE, NORTH RUNCTON, KING'S LYNN, PE33 0QS - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

32 RECTORY LANE is a very large detached house of 488m², built in 2023. It was last sold for £325,000 in May 2021, which was around 3% above the average May 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2023, where the current energy rating was B, and the potential energy rating was B.

32 RECTORY LANE Sold Prices

Land registry data shows two sales for 32 RECTORY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two 32 RECTORY LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 12 MAY	£325,000	£315,796	3% above HPI
2020 21 JAN	£300,000	£292,223	3% above HPI

32 RECTORY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two 32 RECTORY LANE sales from January 2020 and May 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2020 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2021 sale, which was also at 3% above the HPI.

How Large is 32 RECTORY LANE?

32 RECTORY LANE is 488m² according to the EPC inspection conducted in November 2023. This puts it in the largest 10% of detached houses in North Runcton, based on EPC data. The below chart shows the distribution of detached houses by size in North Runcton, and where 32 RECTORY LANE lies on this distribution: More than 99% of detached houses are smaller than 32 RECTORY LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in North Runcton.

32 RECTORY LANE: Plot and Title Map

32 RECTORY LANE sits on a plot of roughly 0.398 of an acre, or 1,609m². The below map shows the location of 32 RECTORY LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 32 RECTORY LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 32 RECTORY LANE?

32 RECTORY LANE is located in NORTH RUNCTON, in the PE33 postcode district. The below map shows the position of No. 32 on RECTORY LANE.